OK SB2203

Amends 58 O.S. 2001, Section 1074 to automatically terminate a durable power of attorney when a court appoints a conservator, guardian of the estate, or other fiduciary to manage the principal's property

Removes the previous provision that allowed the attorney-in-fact to remain accountable to both the fiduciary and principal, with the fiduciary having power to revoke or amend the power of attorney

Allows a principal to nominate through a durable power of attorney who should serve as their conservator or guardian if protective proceedings are later initiated

Requires courts to honor the principal's nomination for guardian or conservator unless there is good cause or disqualification

Effective date: November 1, 2010